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In the third quarter of 2006, the value of domestic exports classified to the four major industries of textiles; consumer electrical and electronic products; wearing apparel; and machinery, equipment, apparatus, parts and components together accounted for 73% of Hong Kong's total domestic exports, according to statistics released today (November 10) by the Census and Statistics Department (C&SD).
In the third quarter of 2006, the value of domestic exports classified to the wearing apparel industry fell by $2.0 billion or 27.7% to $5.2 billion compared with the same quarter in 2005, that to the machinery, equipment, apparatus, parts and components industry by $1.2 billion or 21.1% to $4.4 billion, and that to the textiles industry by $2.9 billion or 20.9% to $11.0 billion.
On the other hand, in the third quarter of 2006, the value of domestic exports classified to the consumer electrical and electronic products industry increased substantially by $2.2 billion or 49.6% over a year earlier to $6.7 billion.
As for other manufacturing industries, a notable increase was registered for the value of domestic exports classified to the basic metals and fabricated metal products industry, by $0.6 billion or 49.0% over a year earlier to $1.9 billion in the third quarter of 2006.
The above statistics of domestic exports classified by industrial origin are derived by re-grouping the merchandise domestic export items originally grouped under the external trade classification system according to the industries in which these merchandise items are normally produced. Transactions in gold and specie are not included.
The attached table shows the domestic export statistics classified by industrial origin.
The industrial classification used is the Hong Kong Standard Industrial Classification (HSIC). The HSIC is to be distinguished from the United Nations Standard International Trade Classification (SITC) used in the regular trade statistics reports. In comparison, the HSIC is more related to production processes whereas the SITC is more geared to end uses of products.
Caution should be taken when referring to these domestic export statistics classified by industrial origin. There may be several intermediate processing stages in the production of certain merchandise domestic export items. In compiling the above statistics, the total value of such an item has however been wholly related to the industry in which the item is finally produced. The above domestic export statistics of a particular industry may include secondary products which are produced by establishments of other industries.
For enquiries on the statistics, please contact the Industrial Production and Tourism Statistics Section of the C&SD at telephone 2805 6643 or email ind-production@censtatd.gov.hk.
Ends/Friday, November 10, 2006
Issued at HKT 16:15
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